Mastercard Expands Partnership with HDFC Bank
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AI-assisted source synthesis · not an independent investigation.
On November 3, 2026, Payments Dive reported that Mastercard and HDFC Bank, India's largest private-sector bank, expanded their partnership, with the two parties signing an agreement focused on small businesses. According to the report, Mastercard secured an opportunity to sell services to HDFC Bank and is expected to further provide 3 million bank cards. HDFC Bank has approximately 10,000 branches and serves around 100 million customers. Mastercard stated that this partnership will strengthen its debit card business in India. The latest development disclosed in the report is that the scope of the partnership has expanded to include small-business services and a potential card-supply opportunity.
AI-written from reports · updated 12 hours ago
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- Payments DiveMastercard expands its business presence in India
Mastercard has expanded its partnership with HDFC Bank, India’s largest private-sector bank, signing an agreement focused on small businesses that gives it the opportunity to sell services to the bank and potentially provide another 3 million bank cards. HDFC Bank has around 10,000 branches and serves 100 million customers; Mastercard said the move will strengthen its debit card business in India.
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